Ridgewood NJ, despite rising home prices and elevated mortgage rates, North Jersey remained a hot spot for homebuyers in 2024. Proximity to New York City, abundant parks and green spaces, rich history, and walkable downtowns drew new residents to this region. Some towns stood out for their charm, amenities, and accessibility, making them the top destinations for homebuyers this year.
Ridgewood NJ, Christie’s International Real Estate Northern New Jersey announced today the expansion of their business and the transfer of their corporate headquarters to Ridgewood, NJ.
Christie’s is moving into 40 W. Ridgewood Avenue, within Ridgewood’s Historic District, conveniently located right next to the existing Christie’s Northern New Jersey office.
Ridgewood NJ, Ridgewood Police report that on March 23rd, an Arrow Lane resident responded to Ridgewood Police headquarters to report a theft in the past. The resident reported an unknown actor took jewelry from the residence between 3/7/18 and 3/17/18. The victim reported she is in the process of selling her home and reported numerous people have entered the residence between the above dates. The jewelry is valued at approximately $37,000. The victim only requested the incident documented at this time. Please note that the photo formerly appearing above article regarding the theft does not represent the house on Arrow Lane nor is Gilsenan & Company involved with that property.
Special Properties Lifestyle Magazine Now Part of a Partnership with North Jersey Media Group
September 12,2017
the staff of the Ridewood blog
Ridgewood NJ, Special Properties Real Estate Services, LLC, an exclusive affiliate of Christie’s International Real Estate and the fastest growing real estate brokerage in northern New Jersey, officially launched Special Properties Lifestyle Magazine at a debut event held on September 7 at its Mahwah offices. The magazine represents an expansion of the partnership between the growing real estate brokerage and North Jersey Media Group, publishers of The Record and (201) Magazine.
“We are pleased to be able to bring this extension of the Special Properties and Christie’s International Real Estate brand to an even larger North Jersey audience through our partnership with North Jersey Media Group,” said Ilija Pavlovic, President and CEO of Special Properties Real Estate Services. “Special Properties Lifestyle Magazine brings readers, throughout the northern New Jersey region, the latest lifestyle and real estate stories and information, while reinforcing the power of the Christie’s International Real Estate brand and the advantages it brings to those looking to buy or sell a home.”
This current issue features a collection of unique stories, including the expert opinion of Christie’s auction house on how to start a vintage jewelry and watch collection, a brief tour of 10 of the world’s most stunning beach destinations, an introduction to one of the Hudson Valley’s most charming resorts, and an in-depth look at the Pebble Beach Concours d’Elegance – the world’s top annual display of historic and beautiful automobiles.
The magazine also takes a detailed look into the latest interior decoration trends and includes stories on prominent agents that are making a difference in the lives of their clients and the community. Each issue will also feature property listings from Special Properties collection of homes, as well as select listings from across the country and around the world available through Christie’s International Real Estate Affiliate Network.
Special Properties Lifestyle Magazine represents the latest value-added service that Special Properties is bringing to the regional marketplace as it continues to expand and reach more areas of northern New Jersey and the surrounding region. Recently, the brokerage opened a new real estate office in Ridgewood and will open offices in both Hoboken and Montclair in the coming months.
Your figures are 100% wrong and worse yet, don’t tell the complete picture. There are currently 94 homes for sale in Ridgewood, not 200. There are over 7,400 homes in Ridgewood, so 94 is hardly significant. You fail to point out that median home prices have gone up in Ridgewood more than in the surrounding towns. You also failed to mention that homes for sale in Ridgewood stay a very short number of days on the market. This all means that for every person who is selling, there are a lot more folks looking to buy. If you really are in the real estate market, you need to brush up on your data and the principles of supply and demand.
FYI the current Ridgewood market snapshot as of right this minute: 91 Available 68 Under Contract 187 Sold (since 1/1/2017) As for age ranges and motivation, all that is opinion and conjecture.
Americans are stuck. Locked into our jobs, rooted where we live, frozen at our income levels. More than at any previous point in our history, we’ve stopped moving — whether moving up the income ladder or packing up a truck and finding another home. We’ve grown ossified, rigid.
The flip side is that we’re stable. If we weren’t so content, we’d be more willing to gamble, to shake things up, to start a new firm or join one. Maybe we’re fine where we are. But maybe this period of stasis cannot last. Maybe it even portends a period of massive disruption.
The 5 most competitive places to buy a home in New Jersey
By Carla Astudillo | NJ Advance Media for NJ.com
on April 11, 2017 at 7:20 AM, updated April 11, 2017 at 4:39 PM
New Jersey buyers beware – it’s a competitive time to search for your dream home.
Housing inventory data for nearly 500 New Jersey zip codes from Realtor.com provided by the Associated Press shows that 77 percent of them saw a plunge in the number of homes on the market in February of this year, compared to the same time last year.
That means it’s mostly a seller’s market in the state.
Ridgewood NJ, Michael Fidanza, a New Jersey licensed real estate broker,announced the opening of a new brokerage, Positive Impact Realty, LLC, located in Ridgewood. Prior to opening Positive Impact Realty, Mr. Fidanza was a licensed salesperson for large franchise broker in Ridgewood for nearly five years.
“Positive Impact Realty was created differently from the very start. We put relationships before profits because people are more important than numbers,” said Mr. Fidanza, founder and broker/owner. “Our mission is to have a positive, meaningful and lasting impact on the lives of our clients, neighbors and communities in which we serve.”
Mr. Fidanza has been a resident of Ridgewood since 1995 and of Bergen County for much of his entire life. His background has been in technology and related industries and professions since 1979. In 2012, Mr. Fidanza joined Keller Williams in Ridgewood and was quite comfortable with their technology-strong agent platforms.
To augment the brokerage offerings, Mr. Fidanza will bring his knowledge and expertise in new media – specifically podcasting, blogging, and publishing on digital and traditional platforms, to the company. “In 2017, we will be launching community-centric initiatives to help residents and groups throughout the year,” said Mr. Fidanza.
Based in Ridgewood, Positive Impact Realty will cover the towns across Northern Bergen County. The main focus of the brokerage will be listing and selling residential properties including luxury homes, new construction, rentals and relocations.
WASHINGTON (AP) — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as the supply of available homes has dwindled to record lows.
Home sales rose 3.3 percent in January from December to a seasonally adjusted annual rate of 5.69 million, the National Association of Realtors said Wednesday.
Steady job gains, modest pay raises and rising consumer confidence are spurring healthy home buying even as borrowing costs have risen since last fall. Some potential buyers may be accelerating their home purchases to get ahead of any further increases in mortgage rates. With few homes available for sale, buyers are pressured to rapidly close a deal as they find a suitable property.
The typical house for sale was on the market for just 50 days last month, compared with 64 days a year ago. Strong demand is pushing up median home prices, which jumped 7.1 percent from a year earlier to $228,900.
Just 1.69 million homes were on the market nationwide in January, near the lowest level since records began in 1999. It would take just 3.6 months to deplete that supply at the current pace of sales, matching a record low reached in December. Supply is usually equal to about six months of sales in a balanced housing market.
The supply crunch will likely get worse during the upcoming spring buying season, economists say, as demand typically rises by more than supply during that time.
Updated February 16, 2017
Posted February 14, 2017
Housing prices in New Jersey have suffered from the recession, and have yet to hit pre-recession levels. Most housing prices fell between the 2005-2009 Census and the 2011-2015 Census. To balance out those effects, NJ Advance Media looked at Zillow data comparing the 2012-2013 average home sale price with the 2014-2015 sale price.
MLS # 1700031
27 High St, Unit Floor 2, Ridgewood, NJ 07450
1 Bedroom, 1 Full Bath, 2Family Kevin Errico, Sales Associate RE/MAX Properties-Saddle River
Open House: 1:00 P.M. – 4:00 P.M. Sun. 1/22
2
MLS # 1700029
27 High St, Unit Floor 1, Ridgewood, NJ 07450
3 Bedroom, 1 Full Bath, 2Family Kevin Errico, Sales Associate RE/MAX Properties-Saddle River
